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United States

Hawaiian Electric Industries Inc (HE.N)

HE.N on New York Stock Exchange

31.20USD
25 Jul 2016
Change (% chg)

$-0.18 (-0.57%)
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$31.38
Open
$31.50
Day's High
$31.50
Day's Low
$31.05
Volume
387,919
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$34.98
52-wk Low
$27.02

Latest Key Developments (Source: Significant Developments)

Hawaiian Electric says is not currently in discussions with any other party for business combination
Tuesday, 19 Jul 2016 11:05pm EDT 

Hawaiian Electric Industries Inc : Not currently in discussions with any other party regarding business combination, do not intend to initiate any such discussions .Will not provide any updates to above statement nor otherwise comment on market rumors or speculation.  Full Article

NextEra Energy, Hawaiian Electric terminates merger agreement
Monday, 18 Jul 2016 06:00am EDT 

NextEra Energy Inc : NextEra Energy and Hawaiian Electric Industries announce termination of merger agreement . NextEra Energy and Hawaiian Electric Industries announce termination of merger agreement . NextEra Energy will pay Hawaiian Electric Industries a $90 million break-up fee and up to $5 million for reimbursement of expenses . Decision was driven by Hawaii Public Utilities Commission's (PUC) order to dismiss companies' merger application .Under terms of merger agreement, will pay Hawaiian Electric Industries $90 million break-up fee and up to $5 million for reimbursement of expenses.  Full Article

Hawaii regulators reject NextEra's purchase of Hawaiian Electric
Friday, 15 Jul 2016 09:19pm EDT 

:State Of Hawaii Public Utilities Commission - PUC votes to not approve Hawaiian Electric Companies,NextEra Energy’s application for change of control.  Full Article

Hawaiian Electric Industries Inc declares dividend
Monday, 10 Aug 2015 06:00am EDT 

Hawaiian Electric Industries Inc:Says on Aug. 7, maintained HEI's quarterly cash dividend of $0.31 cents per share.Dividend payable on Sept. 10 to shareholders of record at the close of business on Aug. 24.  Full Article

Hawaiian Electric Industries Inc reaffirms FY 2015 EPS outlook
Wednesday, 6 May 2015 05:16pm EDT 

Hawaiian Electric Industries Inc:Maintains FY 2015 EPS guidance range of $1.64 to $1.74.FY 2015 EPS of $1.70 - Thomson Reuters I/B/E/S.  Full Article

Federal Energy Regulatory Commission approves proposed merger between NextEra Energy and Hawaiian Electric Industries
Monday, 30 Mar 2015 04:30pm EDT 

NextEra Energy and Hawaiian Electric Industries:Says the Federal Energy Regulatory Commission (FERC) has given its approval to the companies' proposed merger.Transaction remains subject to approval by the Hawaii Public Utilities Commission, HEI shareholders, the spinoff of ASB Hawaii and additional regulatory approvals and other customary conditions.  Full Article

Hawaiian Electric Industries Inc gives FY 2015 EPS guidance in line with analysts' estimates - Conference Call
Thursday, 12 Feb 2015 10:00pm EST 

Hawaiian Electric Industries Inc:Initiates FY 2015 earnings guidance in the range of $1.64 to $1.74 per share.Expects utility earnings growth in FY 2015 EPS range of $1.30 to $1.35 and bank EPS in the range of $0.50 to $0.54.FY 2015 EPS of $1.71 - Thomson Reuters I/B/E/S.  Full Article

Hawaiian Electric Industries Inc maintains dividend
Wednesday, 11 Feb 2015 06:00am EST 

Hawaiian Electric Industries Inc:Maintained regular quarterly cash dividend of 31 cents per share.Dividend payable on March 10.Dividend to shareholders of record at close of business on Feb. 24.Ex-dividend date is Feb. 20.  Full Article

NextEra Energy and Hawaiian Electric Industries to combine
Wednesday, 3 Dec 2014 05:00pm EST 

NextEra Energy, Inc. and Hawaiian Electric Industries, Inc:Says definitive agreement under which the companies have agreed to combine.Transaction, which is valued at about $4.3 bln, includes the assumption of $1.7 bln in HEI debt and excludes HEI's banking subsidiary.In connection with agreement, HEI separately on Dec. 03 announced a plan to spin off ASB Hawaii, parent company of American Savings Bank (ASB), to HEI shareholders and establish it as an independent publicly traded company.American Savings Bank spinoff is expected to be tax-free to HEI shareholders and to be completed immediately prior to and contingent upon the combination of NextEra Energy with HEI.As described further herein, total value to HEI shareholders, excluding assumed debt and including a one-time special cash dividend to HEI shareholders and the current estimated value of American Savings Bank of about $8.00 per share, is estimated to be $3.5 billion or about $33.50 per HEI share.  Full Article

Hawaiian Electric Industries Inc raises low end of prior FY 2014 EPS guidance to a range in line with analysts' estimates - Conference call
Thursday, 6 Nov 2014 05:00pm EST 

Hawaiian Electric Industries Inc:Narrows FY 2014 earnings guidance range to $1.60 to $1.67 per share from $1.57 to $1.67 per share.FY 2014 EPS of $1.62 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Hawaiian Electric says is not currently in discussions with any other party for business combination

* Not currently in discussions with any other party regarding business combination, do not intend to initiate any such discussions